Reinsurance News

London Market Group

London market data capture solution launched by the LMG

8th August 2017

The London Market Group (LMG) has announced that one of the core solutions within the London Market Target Operating Model (LM TOM), called Structured Data Capture (SDC), is now live for terrorism, financial lines, marine, and property and casualty. SDC is an online service that converts the policy wordings of a ... Read the full article

LMG shows support for London Centre for Global Disaster Protection

26th July 2017

The London Market Group (LMG) has underlined the importance of risk transfer in building a more resilient world against the threats of disaster situations, in a statement that welcomes the establishment of a new London Centre for Global Disaster Protection. UK Prime Minister, Theresa May, announced the creation of a new London ... Read the full article

Nicolas Aubert reappointed as London Market Group Chair

28th April 2017

Nicolas Aubert, Head of Great Britain for insurance and reinsurance brokerage Willis Towers Watson, has been reappointed as the Chair of the London Market Group (LMG). Nicolas Aubert commented “I am delighted that I can continue to lead the LMG for another year and would like to thank the Board for ... Read the full article

One phase of London’s PPL launch brought forwards another delayed

27th March 2017

One of the phases of integration for the London market's PPL electronic trading platform has been brought forward, while another has been delayed as the existing timeframe was deemed too ambitious. Phase 1 of integration, which includes the alignment of Placing Platform Limited (PPL) technology with a market data capture initiative ... Read the full article

Regulatory equivalence, new trade deal are key Brexit concerns: LMG

9th March 2017

The London Market Group (LMG), an independent UK and London insurance and reinsurance market lobby group, has called for the UK government to assure regulatory equivalence is maintained after Brexit and that a new trade deal is secured with the EU. The LMG has published a report full of recommendations for ... Read the full article

LMG adds Jardine and Wilson to Board

6th February 2017

The London Market Group (LMG) has announced that it's added Paul Jardine of XL Group and Matthew Wilson of Brit to its Board. Jardine serves as Executive Vice President and Chief Experience Officer of XL Group and was previously Chief Operating Officer (COO) at Catlin, and now has responsibility for XL's ... Read the full article